Reporting of Government Deficits and Debt Levels

Transcription

1 Oct.2015 Reporting of Government Deficits and Debt Levels in accordance with Council Regulation (EC) N 479/2009, as amended by Commission Regulation (EU) No 220/2014 and the Statements contained in the Council minutes of 22/11/1993 Set of reporting tables revised to comply with Council Regulation (EC) N 479/2009, as amended by Commission Regulation (EU) No 220/2014 DD/MM/YYYY The information is to be provided in the cover page only Table 1: Reporting of government surplus/ deficit and debt levels and provision of associated data. Tables 2A to 2D: Provision of the data which explain the transition between the national definitions of government balance and the surplus/ deficit (B.9) of each government sub-sector. Tables 3A to 3E: Provision of the data which explain the contributions of the government surplus/ deficit and the other relevant factors to the variation in the government debt level, and the consolidation of debt (general government and general government subsectors). Table 4: Provision of other data in accordance with the statements contained in the Council minutes of 22/11/1993. Yellow and grey cells: compulsory detail; green cells: automatic compilation; blue cells: voluntary detail. Not applicable: M ; Not available: L For all "vertical and horizontal checks" cells is used "Comma Style" Format. Thus, cell which is equal to "0.00" (zero) is shown as "-". Also 1000 separator is used.

2 Table 1: Reporting of government surplus/ deficit and debt levels and provision of associated data Data are in...(millions of units of national currency) ESA codes half-finalized half-finalized half-finalized half-finalized planned Net lending (+)/ net borrowing (-) B.9 General government S.13-21,205-16,855-22,451-6, Central government S ,257-15,922-26,571-7, State government S.1312 M M M M M - Local government S Social security funds S ,435-1,566 3, half-finalized half-finalized half-finalized half-finalized planned General government consolidated gross debt Level at nominal value outstanding at end of year 356, , , , ,900 By category: Currency and deposits AF Debt securities AF.3 251,676 93,443 79,205 70,847 Short-term AF.31 11,844 16,516 11,993 13,169 Long-term AF ,832 76,927 67,212 57,678 Loans AF.4 103, , , ,275 Short-term AF ,561 Long-term AF , , , ,714 General government expenditure on: Gross fixed capital formation P.51g 5,069 4,798 6,178 6,935 L Interest (consolidated) D.41 (uses) 15,067 9,743 7,276 6,989 L Gross domestic product at current market prices B.1*g 207, , , , ,737 (1) Please indicate status of data: estimated, half-finalized, final.

3 Table 2A: Provision of the data which explain the transition between the public accounts budget balance and the central government surplus/ deficit Data are in...(millions of units of national currency) Working balance in central government accounts -22,882-15,688-5,441-3, Basis of the working balance cash cash cash cash planned Financial transactions included in the working balance Loans, granted (+) Loans, repayments (-) Equities, acquisition (+) Equities, sales (-) Other financial transactions (+/-) of which: transactions in debt liabilities (+/-) of which: net settlements under swap contracts (+/-) Non-financial transactions not included in the working balance EU Disallowances and penalties of ELEGEP Difference between interest paid (+) and accrued (D.41)(-) 350 2,551-1,376-1,819-2,000 Other accounts receivable (+) 1, ,668-1, ,237 Accrual EU revenue 1, ,145 Other accounts payable (-) 1, , Payables of the Ministries Working balance (+/-) of entities not part of central government M Net lending (+)/ net borrowing (-) of other central government bodies 5,482-2,951-14,995 2,281 2,815 4,635-2,419-16,265 2, Government Enterprises & EBFs , ,962 Public Hospitals Other adjustments (+/-) (please detail ) -3, ,156-2, Accrued Bank guarantee fees ,513-1,152 Settlement of government arrears Detail 3-2, Debt assumptions Detail Intangibles Detail 5-1, ,400-1, Other Net lending (+)/ net borrowing (-) (B.9) of central government (S.1311) -19,257-15,922-26,571-7, (ESA 2010 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

4 Table 2B: Provision of the data which explain the transition between the working balance and the state government surplus/ deficit Data are in...(millions of units of national currency) Working balance in state government accounts M M M M Basis of the working balance (1) (1) (1) (1) Financial transactions included in the working balance M M M M Loans (+/-) M M M M Equities (+/-) M M M M Other financial transactions (+/-) M M M M of which: transactions in debt liabilities (+/-) M M M M of which: net settlements under swap contracts (+/-) M M M M Non-financial transactions not included in the working balance M M M M Difference between interest paid (+) and accrued (D.41)(-) M M M M Other accounts receivable (+) M M M M Other accounts payable (-) M M M M Working balance (+/-) of entities not part of state government M M M M Net lending (+)/ net borrowing (-) of other state government bodies M M M M Other adjustments (+/-) (please detail ) M M M M Detail 3 Net lending (+)/ net borrowing (-) (B.9) of state government (S.1312) M M M M (ESA 2010 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

5 Table 2C: Provision of the data which explain the transition between the working balance and the local government surplus/ deficit Data are in...(millions of units of national currency) Working balance in local government accounts ,097 1, Basis of the working balance cash cash cash cash Financial transactions included in the working balance Loans (+/-) Equities (+/-) Other financial transactions (+/-) of which: transactions in debt liabilities (+/-) of which: net settlements under swap contracts (+/-) REVENUE FROM BORROWING+REPAYMENT OF DEBT Non-financial transactions not included in the working balance Difference between interest paid (+) and accrued (D.41)(-) Other accounts receivable (+) SETTLEMENT OF GOVERNMENT ARREARS FOR Local GOVERNMENT Other accounts payable (-) REVENUES AND PAYMENTS ON BEHALF OF THIRD PARTIES PAYMENTS TO THIRD PARTIES OUTSIDE G.G Working balance (+/-) of entities not part of local government Net lending (+)/ net borrowing (-) of other local government bodies LEGAL ENTITIES UNDER PUBLIC LAW+MUNICIPAL ENTERPRISES REGIONS Other adjustments (+/-) (please detail ) ,088-1, ,090 CASH OUTSTANDING IN THE BEGINNING OF THE YEAR CAPITAL TRANSFERS OF STATE Detail DEBT ASSUMPTION FOR WATER SUPPLY ENTERPRISES Net lending (+)/ net borrowing (-) (B.9) of local government (S.1313) (ESA 2010 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

6 Table 2D: Provision of the data which explain the transition between the working balance and the social security surplus/ deficit Data are in...(millions of units of national currency) Working balance in social security accounts , Basis of the working balance mixed mixed mixed mixed Financial transactions included in the working balance Loans (+/-) Equities (+/-) Other financial transactions (+/-) of which: transactions in debt liabilities (+/-) of which: net settlements under swap contracts (+/-) Non-financial transactions not included in the working balance Difference between interest paid (+) and accrued (D.41)(-) Other accounts receivable (+) accrual adjustment of social contributions accrual adjustment of pensions Other accounts payable (-) -1,247-1,643 2,295 1,102-1,247-1,643 2,295 1,102 payables related to SSF Working balance (+/-) of entities not part of social security funds M M M M Net lending (+)/ net borrowing (-) of other social security bodies M M M M Other adjustments (+/-) (please detail ) Detail Net lending (+)/ net borrowing (-) (B.9) of social security (S.1314) -2,435-1,566 3, (ESA 2010 accounts) (1) Please indicate accounting basis of the working balance: cash, accrual, mixed, other. Note: Member States can adapt tables 2A, B, C and D to their national specificity according to the established practice

7 Table 3A: Provision of the data which explain the contributions of the surplus/ deficit and the other relevant factors to the variation in the debt level (general government) Data are in...(millions of units of national currency) Net lending (-)/ net borrowing (+) (B.9) of general government (S.13)* 21,205 16,855 22,451 6,346 Net acquisition (+) of financial assets (2) ,696-11,744-9,511 Currency and deposits (F.2) -2,041 6, ,091 Debt securities (F.3) , ,607 Loans (F.4) ,544-24, Increase (+) 1,544 25, Reduction (-) ,504-24, Short term loans (F.41), net Long-term loans (F.42) ,543-24, Increase (+) 1,544 25, Reduction (-) ,504-24, Equity and investment fund shares/units (F.5) 597 7,617 13,288-1,695 Portfolio investments, net (2) Equity and investment fund shares/units other than portfolio investments 588 7,568 13,055-1,657 Increase (+) 1,300 7,599 13, Reduction (-) ,153 Financial derivatives (F.71) Other accounts receivable (F.8) ,171-2,991 Other financial assets (F.1, F.6) Adjustments (2) 4, ,854 3,609 1,159 Net incurrence (-) of liabilities in financial derivatives (F.71) , Net incurrence (-) of other accounts payable (F.8) 3,072-2,101 6,288 2,344 Net incurrence (-) of other liabilities (F.1, F.5, F.6 and F.72) Issuances above(-)/below(+) nominal value Difference between interest (D.41) accrued(-) and paid (4) (+) 837 2,371-1,345-1,904 Redemptions/repurchase of debt above(+)/below(-) nominal value , Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) Changes in sector classification (K.61) (5) (+/-) Other volume changes in financial liabilities (K.3, K.4, K.5) (5) (-) Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in general government (S.13) consolidated gross debt (1, 2) 25,631-51,189 14,401-2,098 *Please note that the sign convention for net lending/ net borrowing is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within general government. (5) AF.2, AF.3 and AF.4 at face value. (3) Due to exchange-rate movements.

8 Table 3B: Provision of the data which explain the contributions of the surplus/ deficit and the other relevant factors to the variation in the debt level and the consolidation of debt (central government) Data are in...(millions of units of national currency) Net lending (-)/ net borrowing (+) (B.9) of central government (S.1311)* 19,257 15,922 26,571 7,593 Net acquisition (+) of financial assets (2) ,554-12,369-7,786 Currency and deposits (F.2) -2,433 5, ,835 Debt securities (F.3) -58 8, Loans (F.4) ,628-24, Increase (+) 1,544 25, Reduction (-) ,420-24,663-6 Short term loans (F.41), net Long-term loans (F.42) ,627-24, Increase (+) 1,544 25, Reduction (-) ,420-24,663-6 Equity and investment fund shares/units (F.5) 585 7,583 13,131-1,655 Portfolio investments, net (2) Equity and investment fund shares/units other than portfolio investments 588 7,568 13,055-1,657 Increase (+) 1,300 7,599 13, Reduction (-) ,153 Financial derivatives (F.71) Other accounts receivable (F.8) ,033 Other financial assets (F.1, F.6) Adjustments (2) 5, , Net incurrence (-) of liabilities in financial derivatives (F.71) , Net incurrence (-) of other accounts payable (F.8) 4, , Net incurrence (-) of other liabilities (F.1, F.5, F.6 and F.72) Issuances above(-)/below(+) nominal value Difference between interest (D.41) accrued(-) and paid (4) (+) 837 2,666-1,345-1,904 Redemptions/repurchase of debt above(+)/below(-) nominal value , Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) Changes in sector classification (K.61) (5) (+/-) Other volume changes in financial liabilities (K.3, K.4, K.5) (5) (-) Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in central government (S.1311) consolidated gross debt (1, 2) 24,191-66,425 14, Central government contribution to general government debt (a=b-c) (5) 378, , , ,307 Central government gross debt (level) (b) (2, 5) 378, , , ,307 Central government holdings of other subsectors debt (level) ( c) (5) *Please note that the sign convention for net lending/ net borrowing is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within central government. (5) AF.2, AF.3 and AF.4 at face value. (3) Due to exchange-rate movements.

9 Table 3C: Provision of the data which explain the contributions of the surplus/ deficit and the other relevant factors to the variation in the debt level and the consolidation of debt (state government) Data are in...(millions of units of national currency) Net lending (-)/ net borrowing (+) (B.9) of state government (S.1312)* M M M M Net acquisition (+) of financial assets (2) M M M M Currency and deposits (F.2) M M M M Debt securities (F.3) M M M M Loans (F.4) M M M M Increase (+) M M M M Reduction (-) M M M M Short term loans (F.41), net M M M M Long-term loans (F.42) M M M M Increase (+) M M M M Reduction (-) M M M M Equity and investment fund shares/units (F.5) M M M M Portfolio investments, net (2) M M M M Equity and investment fund shares/units other than portfolio investments M M M M Increase (+) M M M M Reduction (-) M M M M Financial derivatives (F.71) M M M M Other accounts receivable (F.8) M M M M Other financial assets (F.1, F.6) M M M M Adjustments (2) M M M M Net incurrence (-) of liabilities in financial derivatives (F.71) M M M M Net incurrence (-) of other accounts payable (F.8) M M M M Net incurrence (-) of other liabilities (F.1, F.5, F.6 and F.72) M M M M Issuances above(-)/below(+) nominal value M M M M Difference between interest (D.41) accrued(-) and paid (4) (+) M M M M Redemptions/repurchase of debt above(+)/below(-) nominal value M M M M Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) M M M M Changes in sector classification (K.61) (5) (+/-) M M M M Other volume changes in financial liabilities (K.3, K.4, K.5) (5) (-) M M M M Statistical discrepancies M M M M Difference between capital and financial accounts (B.9-B.9f) M M M M Other statistical discrepancies (+/-) M M M M Change in state government (S.1312) consolidated gross debt (1, 2) M M M M State government contribution to general government debt (a=b-c) (5) M M M M State government gross debt (level) (b) (2, 5) M M M M State government holdings of other subsectors debt (level) (c) ( 5) M M M M *Please note that the sign convention for net lending/ net borrowing is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within state government. (5) AF.2, AF.3 and AF.4 at face value. (3) Due to exchange-rate movements.

10 Table 3D: Provision of the data which explain the contributions of the surplus/ deficit and the other relevant factors to the variation in the debt level and the consolidation of debt (local government) Oct SDMX series Data are in...(millions of units of national currency) A.N.@@._Z.S1313._Z._Z.B.B9._Z._Z.S.V._T._T.XDC.N.EDP3 Net lending (-)/ net borrowing (+) (B.9) of local government (S.1313)* A.N.@@._Z.S1313._Z.C.A.F.F.T.S.V._T._T.XDC.N.EDP3 Net acquisition (+) of financial assets (2) A.N.@@._Z.S1313._Z.C.A.F.F2.T.S.V._T._T.XDC.N.EDP3 Currency and deposits (F.2) A.N.@@._Z.S1313._Z.C.A.F.F3.T.S.V._T._T.XDC.N.EDP3 Debt securities (F.3) A.N.@@._Z.S1313._Z.C.A.F.F4.T.S.V._T._T.XDC.N.EDP3 Loans (F.4) A.N.@@._Z.S1313._Z.C.AI.F.F4.T.S.V._T._T.XDC.N.EDP3 Increase (+) A.N.@@._Z.S1313._Z.C.AD.F.F4.T.S.V._T._T.XDC.N.EDP3 Reduction (-) A.N.@@._Z.S1313._Z.C.A.F.F4.S.S.V._T._T.XDC.N.EDP3 Short term loans (F.41), net A.N.@@._Z.S1313._Z.C.A.F.F4.L.S.V._T._T.XDC.N.EDP3 Long-term loans (F.42) A.N.@@._Z.S1313._Z.C.AI.F.F4.L.S.V._T._T.XDC.N.EDP3 Increase (+) A.N.@@._Z.S1313._Z.C.AD.F.F4.L.S.V._T._T.XDC.N.EDP3 Reduction (-) A.N.@@._Z.S1313._Z.C.A.F.F5.T.S.V._T._T.XDC.N.EDP3 Equity and investment fund shares/units (F.5) A.N.@@._Z.S1313._Z.C.A.F.F5PN.T.S.V._T._T.XDC.N.EDP3 Portfolio investments, net (2) A.N.@@._Z.S1313._Z.C.A.F.F5OP.T.S.V._T._T.XDC.N.EDP3 Equity and investment fund shares/units other than portfolio investments A.N.@@._Z.S1313._Z.C.AI.F.F5OP.T.S.V._T._T.XDC.N.EDP3 Increase (+) A.N.@@._Z.S1313._Z.C.AD.F.F5OP.T.S.V._T._T.XDC.N.EDP3 Reduction (-) A.N.@@._Z.S1313._Z.C.A.F.F71.T.S.V._T._T.XDC.N.EDP3 Financial derivatives (F.71) A.N.@@._Z.S1313._Z.C.A.F.F8.T.S.V._T._T.XDC.N.EDP3 Other accounts receivable (F.8) A.N.@@._Z.S1313._Z.C.A.F.FN.T.S.V._T._T.XDC.N.EDP3 Other financial assets (F.1, F.6) A.N.@@._Z.S1313._Z.C._X.ORADJ._Z.T.S.V._T._T.XDC.N.EDP3 Adjustments (2) A.N.@@._Z.S1313._Z.C.L.F.F7.T.S.V._T._T.XDC.N.EDP3 Net incurrence (-) of liabilities in financial derivatives (F.71) A.N.@@._Z.S1313._Z.C.L.F.F8.T.S.V._T._T.XDC.N.EDP3 Net incurrence (-) of other accounts payable (F.8) A.N.@@._Z.S1313._Z.C.L.F.FV.T.S.V._T._T.XDC.N.EDP3 Net incurrence (-) of other liabilities (F.1, F.5, F.6 and F.72) A.N.@@._Z.S1313._Z.C._Z.ORINV._Z.T.S.V._T._T.XDC.N.EDP3 Issuances above(-)/below(+) nominal value A.N.@@._Z.S1313._Z.C._Z.ORD41A._Z.T.S.V._T._T.XDC.N.EDP3 Difference between interest (D.41) accrued(-) and paid (4) (+) A.N.@@._Z.S1313._Z.C.L.ORRNV._Z.T.S.V._T._T.XDC.N.EDP3 Redemptions/repurchase of debt above(+)/below(-) nominal value A.N.@@._Z.S1313._Z.C._Z.ORFCD._Z.T.S.V._T._T.XDC.N.EDP3 Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) A.N.@@._Z.S1313._Z.C._Z.K61._Z.T.S.V._T._T.XDC.N.EDP3 Changes in sector classification (K.61) (5) (+/-) A.N.@@._Z.S1313._Z.C._Z.KX._Z.T.S.V._T._T.XDC.N.EDP3 Other volume changes in financial liabilities (K.3, K.4, K.5) (5) (-) A.N.@@._Z.S1313._Z.C._Z.YA3._Z.T.S.V._T._T.XDC.N.EDP3 Statistical discrepancies A.N.@@._Z.S1313._Z.C._Z.B9FX9._Z._Z.S.V._T._T.XDC.N.EDP3 Difference between capital and financial accounts (B.9-B.9f) A.N.@@._Z.S1313._Z.C._Z.YA3O._Z.T.S.V._T._T.XDC.N.EDP3 Other statistical discrepancies (+/-) A.N.@@._Z.S1313._Z.C._Z.LX.GD.T.F.V._T._T.XDC.N.EDP3 Change in local government (S.1313) consolidated gross debt (1, 2) A.N.@@._Z.S1313.S13.C.NE.LE.GD.T.F.V._T._T.XDC.N.EDP3 Local government contribution to general government debt (a=b-c) (5) 1,801 1,708 1,798 1,620 A.N.@@._Z.S1313._Z.C.L.LE.GD.T.F.V._T._T.XDC.N.EDP3 Local government gross debt (level) (b) (2, 5) 1,879 1,752 1,798 1,714 A.N.@@._Z.S1313.S13R._Z.A.LE.GD.T.F.V._T._T.XDC.N.EDP3 Local government holdings of other subsectors debt (level) (c) (5) *Please note that the sign convention for net lending/ net borrowing is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within local government. (5) AF.2, AF.3 and AF.4 at face value. (3) Due to exchange-rate movements. COVERAGE OK - Table 3D is fully completed VERTICAL CHECKS T3.B9.S1313+ T3.FA.S1313+T3.ADJ.S1313+T3.SD.S1313=T3.CHDEBT.S T3.FA.S1313=T3.F2.S1313+T3.F3.S1313+T3.F4.S1313+ T3.F5.S1313+T3.F71.S1313+T3.F8.S1313+T3.OFA.S T3.F4.S1313=T3.F41.S1313+T3.F42.S T3.F4.S1313=T3.F4ACQ.S1313+T3.F4DIS.S T3.F42.S1313=T3.F42ACQ.S1313+T3.F42DIS.S T3.F5.S1313=T3.F5PN.S1313+T3.F5OP.S T3.F5OP.S1313=T3.F5OPACQ.S1313+T3.F5OPDIS.S T3.ADJ.S1313=T3.LIA.S1313+T3.OAP.S1313+T3.OLIA.S1313+T3.ISS_A.S1313+T3.D41_A.S1313+T3.RED_A.S T3.FREV_A.S1313+T3.K61.S1313+T3.OCVO_A.S T3.SD.S1313=T3.B9_SD.S1313+T3.OSD.S T3.CHDEBT.S1313 = T3.DEBT.S1313(n) - T3.DEBT.S1313(n-1) T3.CTDEBT.S1313=T3.DEBT.S1313-T3.HOLD.S HORIZONTAL CHECKS T1.B9.S1313+T3.B9.S1313=

11 Table 3E: Provision of the data which explain the contributions of the surplus/ deficit and the other relevant factors to the variation in the debt level and the consolidation of debt (social security funds) Data are in...(millions of units of national currency) Net lending (-)/ net borrowing (+) (B.9) of social security funds (S.1314)* 2,435 1,566-3, Net acquisition (+) of financial assets (2) -1, , Currency and deposits (F.2) , Debt securities (F.3) -1, ,270 Loans (F.4) ,097 Increase (+) ,148 Reduction (-) Short term loans (F.41), net ,148 Long-term loans (F.42) Increase (+) Reduction (-) Equity and investment fund shares/units (F.5) Portfolio investments, net (2) Equity and investment fund shares/units other than portfolio investments Increase (+) Reduction (-) Financial derivatives (F.71) Other accounts receivable (F.8) Other financial assets (F.1, F.6) Adjustments (2) -1,247-1,643 2,135 1,312 Net incurrence (-) of liabilities in financial derivatives (F.71) Net incurrence (-) of other accounts payable (F.8) -1,247-1,643 2,135 1,312 Net incurrence (-) of other liabilities (F.1, F.5, F.6 and F.72) Issuances above(-)/below(+) nominal value Difference between interest (D.41) accrued(-) and paid (4) (+) Redemptions/repurchase of debt above(+)/below(-) nominal value Appreciation(+)/depreciation(-) (3) of foreign-currency debt (5) Changes in sector classification (K.61) (5) (+/-) Other volume changes in financial liabilities (K.3, K.4, K.5) (5) (-) Statistical discrepancies Difference between capital and financial accounts (B.9-B.9f) Other statistical discrepancies (+/-) Change in social security (S.1314) consolidated gross debt (1, 2) Social security contribution to general government debt (a=b-c) (5) -24,472-9,143-9,544-10,810 Social security gross debt (level) (b) (2, 5) Social security holdings of other subsectors debt (level) (c) (5) 25,056 9,441 9,805 11,103 *Please note that the sign convention for net lending/ net borrowing is different from tables 1 and 2. (1) A positive entry in this row means that nominal debt increases, a negative entry that nominal debt decreases. (4) Including capital uplift (2) Consolidated within social security. (5) AF.2, AF.3 and AF.4 at face value. (3) Due to exchange-rate movements.

12 Table 4: Provision of other data in accordance with the statements contained in the Council minutes of 22/11/1993. Data are in...(millions of units of national currency) (1) (1) (1) (1) forecast Statement Number 2 Trade credits and advances (AF.81 L) 4,582 4,793 2,415 2,036 L 3 Amount outstanding in the government debt from the financing of public undertakings Data: , L Institutional characteristics: PROTON BANK POSTBANK PREFERENCE SHARES (LEGAL FORM) 4 In case of substantial differences between the face value and the present value of government debt, please provide information on i) the extent of these differences: Market value of securities much lower than nominal value ii) the reasons for these differences: Economic crisis 10 Gross National Income at current market prices (B.5*g)(2) 201, , , ,488 L (1) Please indicate status of data: estimated, half-finalized, final. (2) Data to be provided in particular when GNI is substantially greater than GDP.